Our website uses cookies to store information on your computer. You may delete and block all cookies from this site, but parts of the site will not work as a result. Find out more about how we use cookies.
(Do not show this message again)
Shout99 - News matters for freelancers Advert
Search Shout99 - News matters for freelancers
(Advanced Search)
   Join Shout99  About Shout99   Sitemap   Contact Shout99 17th Apr 2014
Forgot your password?
Shout99 - Freelancers, FO35, Section 660
New Users Click Here
Shout99 - Freelancers, FO35, Section 660
Shout99 - Freelancers, FO35, Section 660
Front Page
News...
Freelancers' Shop...
Ask an Expert...
Letters
Direct Contracts
Press Links
Question Time
The Clubhouse
Conference Hall...
News from Partners
Accountants

Login
Sitemap

Business Links

Shout99 - Freelancers, FO35, Section 660

Freelancers' Shop

Personal Financial Services
from ContractorFinancials

Mortgages

Pensions

ISAs

Income protection

... and more special offers for Shout99 readers in the Freelancers' Shop

Shout99 - Freelancers, FO35, Section 660
  
Shout99 - Freelancers, FO35, Section 660

News for the
Construction Industry

Hardhatter.com - News for small businesses in the construction industry

Powered by
Powered by Novacaster
Advertisement
Shout99 Jobs

Top 10 oddest excuses for late tax returns
by Susie Hughes at 11:44 07/01/14 (News on Business)
With the January 31 tax return deadline just around the corner, HM Revenue and Customs (HMRC) has revealed the ĎTop 10 oddest excusesí for sending in a late return.
The following bizarre, exotic and flimsy excuses have all been used by tardy taxpayers:

1. My pet goldfish died (self-employed builder);

2. I had a run-in with a cow (Midlands farmer);

3. After seeing a volcanic eruption on the news, I couldnít concentrate on anything else (London woman);

4. My wife wonít give me my mail (self-employed trader);

5. My husband told me the deadline was 31 March, and I believed him (Leicester hairdresser);

6. Iíve been far too busy touring the country with my one-man play (Coventry writer);

7. My bad back means I canít go upstairs. Thatís where my tax return is (a working taxi driver);

8. Iíve been cruising round the world in my yacht, and only picking up post when Iím on dry land (South East man);

9. Our business doesnít really do anything (Kent financial services firm); and

10. Iíve been too busy submitting my clientsí tax returns (London accountant).

Penalties
They might have won an award for originality, but it didn't stop off of these people and businesses receiving a £100 penalty from HMRC for filing late. They appealed against the decision using these excuses, but were unsuccessful.

Advertisement
HMRCís Director General of Personal Tax, Ruth Owen, said: ďThere will always be unforeseen events that mean a taxpayer could not file their tax return on time. However, your pet goldfish passing away isnít one of them.

ďIf you havenít yet sent your 2012/13 tax return to HMRC, you need to do it online and pay the tax you owe by the end of January. With all the help and advice available, thereís no excuse not to.Ē

To send an online tax return, you must be registered for HMRC Online Services. This involves HMRC sending you an Activation Code in the post, so allow a few days for this to arrive. To register for HMRC Online Services go to www.hmrc.gov.uk/online and follow the on-screen instructions.

The penalties for late Self Assessment returns are:

  • an initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time;
  • after 3 months, additional daily penalties of £10 per day, up to a maximum of £900;
  • after 6 months, a further penalty of 5 per cent of the tax due or £300, whichever is greater; and
  • after 12 months, another 5 per cent or £300 charge, whichever is greater.

There are also additional penalties for paying late of five per cent of the tax unpaid at: 30 days; six months; and 12 months.


--
If you wish to comment on this article, please log in and use the Reply button below. Registering is free and easy - see 'Join Shout99'.
-
Susie Hughes © Shout99 2014

View Comments (Flat Mode) Printer Version

Mail this to a friend
Top 10 oddest excuses for late... Susie Hughes - 7/01
    Re: Top 10 oddest excuses for ... brianc - 9/01
       Re: Top 10 oddest excuses for ... ability - 9/01
          Re: Top 10 oddest excuses for ... ability - 9/01
       Re: Top 10 oddest excuses for ... nadge - 9/01
          Re: Top 10 oddest excuses for ... brianc - 10/01
             Re: Top 10 oddest excuses for ... nadge - 10/01
             Re: Top 10 oddest excuses for ... ability - 10/01
                Re: Top 10 oddest excuses for ... nadge - 15/01
                   Re: Top 10 oddest excuses for ... ability - 16/01

Copyright 1999-2012, Shout99.com | All Rights Reserved | Legal Notice
 

Advertisements
advert
advert
advert
advert